MAERSK is responding to shippers' need for more integrated distribution networks with the US$1.6 billion acquisition of Pennsylvania's Pilot Freight Services, reports IHS Media.
The acquisition of Pilot gives maersk an additional 87 freight stations and hubs throughout the US, for a total of 150 locations.
Maersk can offer customers expedited US truckload, less-than-truckload (LTL), and home-delivery options, advancing the shipping line's plan to provide end-to-end transportation services.
The deal builds on Maersk's $838 million purchase of Utah-based Visible Supply Chain Management last August and the $545 million acquisition of warehousing provider Performance Team in 2020.
'By investing in first mile, middle mile, and last middle and integrating them we meet a clear customer demand,' said Maersk North America regional managing director Narin Phol.
'This acquisition will add even more expertise and supply chain capacity to customers facing capacity constraints and multiple handoffs with providers in the B2C and B2B space.'
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The acquisition of Pilot gives maersk an additional 87 freight stations and hubs throughout the US, for a total of 150 locations.
Maersk can offer customers expedited US truckload, less-than-truckload (LTL), and home-delivery options, advancing the shipping line's plan to provide end-to-end transportation services.
The deal builds on Maersk's $838 million purchase of Utah-based Visible Supply Chain Management last August and the $545 million acquisition of warehousing provider Performance Team in 2020.
'By investing in first mile, middle mile, and last middle and integrating them we meet a clear customer demand,' said Maersk North America regional managing director Narin Phol.
'This acquisition will add even more expertise and supply chain capacity to customers facing capacity constraints and multiple handoffs with providers in the B2C and B2B space.'
SeaNews Turkey